Ryman Healthcare Full Year Results 2023

Ryman Healthcare reported a solid FY23 result with underlying profit of $301.9 million, exceeding guidance, while maintaining strategic focus on care quality and demographic opportunities in New Zealand and Australia. The company completed a $902.4 million equity raise, reducing net debt to $2.30 billion and achieving medium-term gearing targets. Future development plans emphasize lower-density villages with improved cash flow profiles.